NSE SME stock trades ex-bonus in 1:5 ratio after 2018 listing
In short
The stock listed on the NSE SME exchange on 20 June 2018 and later traded ex-bonus in a 1:5 ratio on 2 February 2024. The report also says the stock had a 1:5 stock split effect.
This matters because bonus shares and stock splits can change the share count and price per share. The report does not name the company or say why the action was taken.
What the reporting says
The NSE SME stock traded ex-bonus in a 1:5 ratio on 2 February 2024 after listing on 20 June 2018, according to publisher-supplied summary evidence. The report says the move followed a 1:5 bonus share action, and the headline links it with a 1:5 stock split effect. What is not stated in the available reporting is the company name, the exact share price move, or the reason for the corporate action.
Why it matters
The NSE SME stock listed on 20 June 2018 and traded ex-bonus in a 1:5 ratio on 2 February 2024, based on the publisher-supplied summary. The headline also refers to a 1:5 stock split effect and a multibagger gain, but the available reporting does not provide the company name, valuation details, or the exact gain calculation. Investors in the stock are the directly affected group.